Here's my suggestions:

-Make sure all the DSM.OPT settings are as they should be.  Copy it from a
working Win95 station and just change the NODENAME.
working Win95 station and just change the NODENAME.
-Run the "command line" dsmc.exe program rather than the GUI.  That should
give you better visibility on any error messages.
give you better visibility on any error messages.
-Check the network setup on the PC to make sure it is correct.
-Reload ADSM from scratch on the PC just in case something didn't install
-Reload ADSM from scratch on the PC just in case something didn't install
correctly.
correctly.